AEREN FOUNDATION’S Maharashtra Govt. Reg. No.: F-11724 AN ISO 9001 : 2008 CERTIFIED INTERNATIONAL B-SCHOOL SUBJECT: FINANCIAL & COST ACCOUNTING Total Marks: 80 N.B.: 1)Allquestionsarecompulsory 2) All questions carry equal marks. Q1) ABC Ltd. Produces room coolers. The company is considering whether it should continue to manufacture air circulating fans itself or purchase them from outside. Its annual requirement is 25000 units. An outsider vendor is prepared to supply fans for Rs 285 each. In
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The Evolution of Total Quality Management A useful way to begin to understand the evolution of TQM is to link it to show how the industrial world was developing at the time TQM was evolving. Until the industrial revolution in the mid 18th century‚ most goods were custom made. Industrialisation brought about a fundamental shift from cottage industry production to large scale manufacturing. Simultaneously‚ industrial activity underwent extensive mechanisation. As explained by Ho‚ ‘craftsmen were
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IMPACTS OF TOTAL PRODUCTIVE MAINTENANCE (TPM) ABSTRACT: Total Productive Maintenance (TPM) is a conceptual approach which focuses at the maximization of effectiveness of different facilities within an organization. In its major role it helps us understand the relationships between the different organizational functions and in particularly between production and maintenance (Park and Han‚ 2001). As many companies around the world have implemented TPM and are successful and satisfied with the
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1.0 Executive summary The main purpose of this report is to create an action plan of the implementation of total quality management (TQM) for a large car dealership in a Eastern suburb of Sydney. The report consists of the detail steps of the action plan‚ the reason for each step‚ recommendation‚ and conclusion. The car dealership industry is quite competitive and car purchasing is quite differs from buying daily necessity. A large majority of the customers will take a few months in getting in
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When reading Box 4.7 I found many useful shared reading practices that I have used both inside the classroom and in the school library. I would say one of the practices that I feel would be the most useful would be‚ “Encouraging children to retell the story in their own words.” (Vacca et al.‚ 2015‚ p. 105). I believe this strategy is very useful for young children because it gives the teacher a chance to see what they comprehend. I would use this strategy in my class during the guided reading block
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Eclipse and Java for Total Beginners Tutorial Companion Document Eclipse And Java For Total Beginners Companion Tutorial Document By Mark Dexter Table of Contents Introduction........................................................................................................... .............................2 . Tutorial Target Audience.....................................................................................................................2 Tutorial Objectives.........
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Total Quality in Fast Food MGT 449 2011 Total Quality in Fast Food In the world of fast food restaurants product and service quality are what make or break a chain. Both Wendy’s and McDonald’s have spent years and millions of dollars to get the level of quality that they produce just right. The key to the success of both of these fast food giants is total quality management. While they both may share some marketplaces‚ they both use different processes to get the results that they are looking
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b) How much total revenue is collected at each price? Total revenue = price x quantity i. Total Revenue = $9 x 3 = $27 ii. Total Revenue = $13 x 4 = $52 iii. Total Revenue = $17 x 5 = $85 c) How much profit does the farmer make at each of these prices? Total Profit = Total Revenue – Total Costs i. Total Profit = $27
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Source A is a memo written by the German general‚ Von Falkenhayn. It was during the year of the battle of Verdun‚ 1916‚ making it a primary source. Source A was written to highlight the purpose and aim of the German assault on Verdun‚ while Source B is written by General Haig to describe the defensive conditions of the battle of the Somme. The date is unknown which may detract from its reliability‚ however we can infer from the writing style that it is most likely an account or report of the battle
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War is never an easy discussion; it is a subject people constantly debate‚ especially in regards to total war. Questioning the morality of total war is an issue due to the elasticity of the definition‚ which is dependent upon the individual. General William T. Sherman’s total war strategy in Georgia and the Carolinas is arguably morally acceptable -even though it included waging war against the civilian population- when taking into account the benefits versus the costs. There were excessive actions
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